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\"Globalization and the rapid increase in world trade in the past decade have contributed to greater demand for international transport and logistics and, consequently, the expansion of the maritime industry. The dramatic changes in the mode of world trade and cargo transportation make it more important than ever to have a clear understanding of the way in which freight is transported by sea and the role of ports in this exchange. Maritime Logistics examines the latest development, knowledge, and practices taking place in logistics and supply chains within the port and shipping industry. In this revised edition there are new chapters on port-centric logistics in concept and practice, hinterland logistics and global supply chains, maritime transport and logistics as a trade facilitator, and future trends and developments. All the topics have been significantly overhauled in order to avoid repetition and to reflect advancements in maritime logistics. There are also a number of new international contributors. Written by a team of experts, who provide a truly global perspective on this increasingly key area of logistics, the book covers everything that students of logistics, as well as those working within the industry should know and understand, including shipping lines, dry bulk, and port-centric logistics. \"-- Provided by publisher.

PurposeIt is claimed that port supply chain integration (PSCI), thanks to its attributes, holds a potential to trigger a port to strategically sustain performance- and competitiveness-measures through strengthening and/or reinforcing an array of port sustainability aspects. This paper aims to empirically investigate the existent influence of PSCI on economic and environmental pillars of port sustainability.Design/methodology/approachBased on a resource-based view, this paper hypothesises that PSCI has a certain impact on port “economic” sustainability (PECS) and port “environmental” sustainability (PENS). Measures of PSCI, PECS and PENS are refined and validated using data collected from the maritime logistics industry in Egypt, and structural equation modelling is employed to test the hypothetical relationships.FindingsThe results indicate that a port having adopted an integrative strategy into supply chains could enhance its cost and operational efficiency, financial and investment situation, while offering high-quality services to its customers. Similarly, PSCI is emphatically correlated with water and air pollution management, energy efficiency and green port management practices.Research limitations/implicationsHaving identified the acute potential of PSCI for sustainable development in maritime logistics and supply chains, this line of research allows port operators and/or authorities to better understand strategic options with which they are able to improve their sustainability practices. This paper is, however, limited only to two dimensions of sustainability by not exploring the “social” aspect of port sustainability due to data-related issues.Originality/valueThis line of research could be regarded as an extended application from other industrial sectors to the port industry in a way to empirically examine the inclusive relationship of PSCI with economic and environmental parameters. The findings from this research make a due contribution to the field of port sustainability in general and Egyptian ports in particular.

With 80 % of world trade carried by sea, seaports provide crucial linkages in global supply-chains and are essential for the ability of all countries to access global markets. Seaports are likely to be affected directly and indirectly by climatic changes, with broader implications for international trade and development. Due to their coastal location, seaports are particularly vulnerable to extreme weather events associated with increasing sea levels and tropical storm activity, as illustrated by hurricane “Sandy”. In view of their strategic role as part of the globalized trading system, adapting ports in different parts of the world to the impacts of climate change is of considerable importance. Reflecting the views of a diverse group of stakeholders with expertise in climate science, engineering, economics, policy, and port management, this essay highlights the climate change challenge for ports and suggests a way forward through the adoption of some initial measures. These include both “soft” and “hard” adaptations that may be spearheaded by individual port entities, but will require collaboration and support from a broad range of public and private sector stakeholders and from society at large. In particular, the essay highlights a need to shift to more holistic planning, investment and operation.

This study examines the impact of competitive pressure on port performance. We merge the competitive rivalry literature with the port management literature to explain the inverted U-shaped relationship between competitive pressure and port performance within the increasingly competitive realm of world ports. A newly designed index measures competitive pressure that organizations face based on market commonality and domain overlap. Using data for global hubs and national gateway ports, we find potential diseconomies of excessive competitive pressure on port performance.

PurposeIn the shipping industry, both sales and purchases of second-hand ships and freight transport services are prevalently tailormade and traded with intense bilateral negotiations. Price bargaining is the key step of this negotiation process and plays a crucial role in determining mutually agreed prices. Despite its cruciality and applicability, the price bargaining has yet received due conceptual and/or theoretical attention in the shipping literature. This paper attempts to conceptually examine the role of bargaining in shipping transaction prices and subsequently puts forward directions for future research. In doing so, the paper focuses on two types of transactions taking place in shipping markets: asset market trading of second-hand vessels and service market trading shipping freights.Design/methodology/approachThe paper begins with a systematic literature review of price bargaining in the field of economics and management disciplines from a game-theoretic perspective. This approach does logically lead to the establishment of a conceptual framework for price bargaining in shipping sub-markets as a step toward having taken into consideration a variety of heterogeneities commonly present in trading activities and market dynamics.FindingsA set of research areas has been consequently identified where price bargaining and mechanisms for the shipping freight and asset markets could be further explored and analyzed in a way to make better pricing decisions under a more tangible framework.Research limitations/implicationsOne of the critical challenges when using bargaining mechanisms to make a decision on pricing shipping services and assets is how to operationalize the study for empirical investigation as some of the factors are internal information of the players and are not adequately revealed to externals: that is, an imperfect information sharing case. The current study aims, however, not to conduct an empirical analysis but to initiate a conversation among maritime economists by bringing their attention to this not-yet fully explored and potentially impactful field of research and by asking them to treat bargaining from a perspective for pricing shipping assets and services. It is claimed that, by doing so, one could better understand price differences between individual contracts.Originality/valueThis study would be considered the first of its kind to provide a detailed survey of the bargaining theory and models from a game theoretical perspective as a theoretical lens to understand its importance and relevance in pricing shipping assets and services. It also provides a simplified operational case on utilizing bargaining in practically pricing freight services.

Transaction cost analysis (TCA) has been applied in a wide range of academic disciplines, including economics, marketing, sociology, organization theory, and business strategy. Literature in maritime transport has had limited exposure to this versatile theoretical framework. This paper aims at developing a conceptual model that describes governance strategies that various players within the maritime sector can adopt to mitigate congestion at ports. A TCA is used to examine port congestion mitigation from a governance perspective. A theoretical analysis conducted for this paper reveals that the three characteristics of TCA – asset specificity, frequency, and uncertainty – prevail in the maritime sector, too. The first two factors, frequency, and uncertainty, contribute to port congestion, while the third factor, asset specificity, exists because to release port congestion, some players ought to make a specific investment. We use TCA to discuss the circumstances under which governance modes such as bilateral governance and vertical integration should be used to avoid congestion and other kinds of transaction costs associated with these three attributes in the maritime sector. In this study, we suggested several testable propositions to identify the mode of governance that should be selected by stakeholders to mitigate port congestion and to protect specific investments made to release congestion at ports. This line of analysis will certainly provide all the stakeholders engaged (particularly, a public policymaker) useful insight into understanding congestion from a governance perspective.

Purpose - The purpose of this paper is to define and empirically develop measures to evaluate the extent of integration of seaport container terminals in supply chains.Design methodology approach - A literature review identified four key variables hypothesized to be part of the higher-order construct of \"terminal supply chain integration (TESCI)\". The hypotheses were theoretically justified a priori and data for operationalizing the conceptualized variables obtained via a large-scale survey of container terminal operators. A model was developed and validated using confirmatory factor analysis.Findings - The validated variables of the higher-order construct of TESCI included \"information and communication systems\", \"value-added services\", \"multimodal systems and operations\" and \"supply chain integration practices\".Research limitations implications - The study develops measures from the standpoint of the container terminal (the centric supply chain actor). Supply chains involve a network of companies and it would be useful to obtain data as to integration from other supply chain participants. The usual caveats of cross-sectional research apply and longitudinal case studies may provide supplementary information.Practical implications - There are valuable practical implications for container terminals that seek to measure the extent of integration into supply chains and for port users that place value on container TESCI in their choice and evaluation criteria.Originality value - The study is the first of its nature that attempts to provide a valid theoretical construct and empirical measures of seaport container TESCI. The study shifts container TESCI from an abstract concept to a theoretical construct with validated measures.

Container terminal production is both an important and complicated element in the contemporary global economy. This paper aims to evaluate the efficiency of the world's most important container ports and terminals using the two alternative techniques of Data Envelopment Analysis (DEA) and the Free Disposal Hull (FDH) model. The results give an insight into the current efficiency ranking of the world's major container ports and terminals. They also confirm expectations that the available mathematical programming methodologies lead to different results and that appropriate variable definition of input and output factors is a crucial element in meaningful applications of DEA and FDH. It is also concluded that the availability of panel data, rather than cross-sectional data would greatly improve the validity of the efficiency estimates derived from all the mathematical programming techniques applied.

Over 20% of the world's container traffic occurs from Asian ports. China's entry into the market has significantly stimulated this process. Since China adopted its liberalised economic policy in the 1970s, its economy has grown at an average rate of 10% or more per annum. In particular, the efforts and investments that have been poured into its container ports are conspicuous, since approximately 90% of the country's international trade (in volume terms) is handled through maritime transport. Chinese ports (especially container ports), however, have a number of problems, such as bureaucratic administration, insufficient facilities, the lack of service and commercial orientation and inefficient operations. This paper aims to identify the competitiveness of container ports in China including Hong Kong from the outsiders’ perspective, using the framework of the Analytic Hierarchy Process, and to provide managerial and strategic implications. As expected, the findings reveal that, in terms of competitiveness, Hong Kong, Shanghai and Yantian rank first, second and third, respectively.